Even if you don’t understand Macroeconomics or Finance, it won’t be a tough task for you to put a finger on the fact that something is majorly wrong with the economy right now. i. The global debt is at an all time high ($303 trillion dollars in 2021). ii. Government bailouts have been skyrocketing. iii. …
It is 2022. And currently, the money making opportunity in India is huge. Foreign investors are investing heavily in India. In the last 20 years, NIFTY CAGR was roughly 12.5% India is growing at a massive rate. With all these positive changes coming in, one can easily grow their wealth at 15% CAGR. Right now, …
You are at a bookstore and you take a look at this one book. It costs 550 rupees. Your very first thought would be, “Oh, that is expensive.” This is called first order thinking. It means that our brain drives us to the most obvious conclusion. But reading a book can help you i. Learn …
Rule 1: The 20-20 Rule This rule simply means that if you are investing Rs. 20,000 per month, for a period of 20 years at a CAGR of 12%, then in that 20 year period, you’re going to have a corpus of 2 crore rupees. Many people might argue that the inflation rate is going …
6 Life Changing Formulae To Help You Make More Money! Read More »
If you buy a bungalow in Kerala, it will probably cost you anywhere around 60-75 lakh rupees. If you buy the same bungalow in Delhi, it will cost you 4-5 crore rupees easily. In Mumbai, it could even cost you 50 crore rupees. It sounds mind-boggling, but it could always be a possibility. The point …
1. Your earning potential should be really, really high. This of course is a fairly commonsensical point. If your salary is 1 crore, 2 crore or even 3 crore, you can invest a lot more and make even higher returns. The interesting thing to note here is that your earning potential can be broken down …
5 Basic Rules You MUST Know Before Investing In The Stock Markets! Read More »
We see CEOs of top firms who work extremely hard and make a lot of money. Sure, they are money rich. But at the same time, they work for almost 12-14 hours a day and most of them say that they get very little time for themselves and their family. They are time poor. So, …
1. Take asymmetric risks in life “My proceeds from the PayPal acquisition were $180 million. I put $100 million in SpaceX, $70m in Tesla and $10m in Solar City. I had to borrow money for rent.” This is a quote by Elon Musk. If we analyse the philosophy of billionaires, they do take such risks …
1. Don’t do goal-based investing Many of you might be new to the stock market or to the finance world, so here is a quick and easy explanation on what goal-based investing is- Often people save money in order to make certain expenditures. E.g.- Saving Rs. 5000 every month for 4 months to take a …
5 Practical Strategies That Will Make You Wealthy! Read More »
In today’s article, we will learn about 8 passive income stream options. We will also try to understand how difficult it is to build each of these streams and what are some key points you should keep in mind while executing each of these options. Each of these options can easily fetch you 10K per …
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